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Insurance claims handling: time for action on licensing

Insurance| 13 Apr 2021

Insurance claims handling: time for action on licensing

ASIC has provided clarity on how it will approach the regulation of insurance claims handling and settling as a financial service.

Upholding insurers’ right to subrogated recoveries: plan ahead or suffer the consequences!

Insurance| 05 Mar 2021

Upholding insurers’ right to subrogated recoveries: plan ahead or suffer the consequences!

Navigating subrogated recoveries when an insurer and insured retain a significant interest in the proceeds is always a tricky exercise.

Relaxation of continuous disclosure laws to be made permanent

Corporate & Commercial| 05 Mar 2021

Relaxation of continuous disclosure laws to be made permanent

Directors of listed entities, and their insurers, are set to benefit from a relaxation of continuous disclosure laws, which are shortly to be made permanent under new legislation.

Directors and officers don’t get bitten: amendments to the Work Health and Safety Act 2011 (NSW) are making penalties bite

Corporate & Commercial| 02 Jul 2020

Directors and officers don’t get bitten: amendments to the Work Health and Safety Act 2011 (NSW) are making penalties bite

Under recent changes to the Work Health & Safety Act 2011 (NSW) (WHS Act), directors and officers cannot be insured or indemnified for penalties for WorkSafe breaches. Our Insurance and Corporate teams discuss the implications of these changes for directors and officers (...

COVID-19: impact on insurance policies

Insurance| 20 Mar 2020

COVID-19: impact on insurance policies

There is tremendous anxiety among businesses and consumers as a result of COVID-19. Naturally, people and business are turning to their insurance policies to see whether or not they have cover for the disruption caused.